Equinix, Inc. $EQIX Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Equinix, Inc. (NASDAQ:EQIX – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 36,375 shares of the financial services provider’s stock, valued at approximately $36,796,000.

A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new stake in Equinix during the 2nd quarter valued at $11,930,074,000. Principal Financial Group Inc. lifted its holdings in Equinix by 1.4% in the 1st quarter. Principal Financial Group Inc. now owns 1,980,497 shares of the financial services provider’s stock valued at $1,941,377,000 after purchasing an additional 27,643 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Equinix by 26,831.6% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,239,122 shares of the financial services provider’s stock worth $1,291,648,000 after buying an additional 1,234,521 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Equinix during the second quarter worth about $1,181,260,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Equinix in the second quarter valued at approximately $1,163,662,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Evercore restated an “outperform” rating and set a $1,270.00 target price (up from $1,240.00) on shares of Equinix in a research report on Tuesday, August 18th. HSBC reduced their price target on shares of Equinix from $1,400.00 to $1,380.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. UBS Group increased their target price on Equinix from $1,210.00 to $1,265.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. BMO Capital Markets boosted their price objective on shares of Equinix from $1,225.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, July 30th. Finally, Rothschild & Co Redburn started coverage on shares of Equinix in a research note on Monday, September 21st. They issued a “buy” rating and a $1,261.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Equinix currently has an average rating of “Moderate Buy” and an average price target of $1,226.97.

Get Our Latest Research Report on EQIX

Equinix Stock Performance

NASDAQ EQIX opened at $1,013.70 on Monday. Equinix, Inc. has a one year low of $720.62 and a one year high of $1,128.68. The company has a 50-day simple moving average of $1,022.27 and a 200-day simple moving average of $1,007.90. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.29 and a current ratio of 1.29. The firm has a market capitalization of $100.02 billion, a PE ratio of 60.88, a price-to-earnings-growth ratio of 1.44 and a beta of 0.98.

Equinix (NASDAQ:EQIX – Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The financial services provider reported $4.93 earnings per share for the quarter, topping the consensus estimate of $4.11 by $0.82. Equinix had a net margin of 16.38% and a return on equity of 11.49%. The firm had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.56 billion. During the same quarter in the prior year, the business earned $9.83 earnings per share. Equinix’s quarterly revenue was up 11.0% on a year-over-year basis. On average, equities analysts forecast that Equinix, Inc. will post 38.23 earnings per share for the current year.

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $5.16 per share. This represents a $20.64 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Wednesday, November 18th. Equinix’s payout ratio is presently 123.96%.

Insiders Place Their Bets

In related news, insider Kurt Pletcher sold 135 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $1,075.50, for a total value of $145,192.50. Following the sale, the insider directly owned 4,077 shares in the company, valued at $4,384,813.50. This trade represents a 3.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Paladin sold 307 shares of Equinix stock in a transaction on Friday, September 4th. The shares were sold at an average price of $1,035.01, for a total value of $317,748.07. Following the sale, the insider directly owned 2,450 shares in the company, valued at $2,535,774.50. The trade was a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 770 shares of company stock worth $807,077. Insiders own 0.27% of the company’s stock.

Equinix News Summary

Here are the key news stories impacting Equinix this week:

  • Positive Sentiment: Equinix reported third-quarter 2026 FFO of $11.64 per share, well above the $10.51 consensus estimate and up from $9.83 a year earlier. Record bookings, strong pricing and robust demand supported revenue growth. Equinix Surpasses Q3 FFO and Revenue Estimates
  • Positive Sentiment: Management raised its 2026 outlook for the third consecutive quarter, now projecting EPS of $43.71–$44.11 versus a $38.23 consensus estimate and revenue of $10.3–$10.4 billion. Fourth-quarter revenue guidance of $2.7 billion also exceeded the $2.6 billion consensus. Equinix Q3 AFFO, Revenue Rise; Issues Q4 Guidance; Lifts 2026 Outlook
  • Positive Sentiment: Analysts raised their targets following the results: JPMorgan to $1,350 with an Overweight rating, Citigroup to $1,320 with a Buy rating, and TD Cowen to $1,210 with a Buy rating. Bernstein maintained its Buy rating and $1,270 target, while Cantor Fitzgerald reaffirmed Overweight.
  • Positive Sentiment: Equinix declared a quarterly dividend of $5.16 per share, or $20.64 annualized, representing an approximately 2% yield for income-oriented investors.
  • Neutral Sentiment: Barclays maintained a Hold rating, providing a more cautious counterpoint to the recent target increases. Equinix’s elevated valuation—about 61 times earnings—may also limit near-term upside even as fundamentals improve. Barclays Sticks to Its Hold Rating for Equinix

About Equinix

(Free Report)

Equinix, Inc is a global digital infrastructure company that operates data centers where businesses, cloud providers, telecommunications carriers and other organizations can securely house and connect their information technology systems. Its International Business Exchange (IBX) data centers provide colocation services, allowing customers to place equipment in highly connected facilities without building and operating their own sites.

The company also provides interconnection and networking services, including Equinix Fabric, which enables customers to establish virtual connections among data centers, cloud platforms, networks and business partners.

Further Reading

Institutional Ownership by Quarter for Equinix (NASDAQ:EQIX)

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